The Latest Breaking News from Interest Rates

Philip Lowe has warned Australians they need to be prepared for substantial interest rate rises over the rest of this year, conceding he is not sure how high they might go.

The Fed will continue raising interest rates this week as inflation continues to soar. Some CEOs worry the fight to bring prices under control could end up sparking an economic downturn.

There are fears we could be on the verge of another global recession and investors are spooked.

Equity markets tumbled again Tuesday to extend a global rout fueled by fears of recession, with the Federal Reserve preparing to ramp up interest rates as inflation shows no sign of slowing. Panic has swept through trading floors since data on Friday showed US consumer prices rising at their fastest…

Benchmark ASX200 index closes 246 points lower, after falling 360 points in the first 15 minutes of trading on Tuesday

The Federal Reserve is set to raise interest rates at its June 14-15 meeting after hiking rates in March and May. The nation’s central bank is expected to lift the benchmark Fed funds rate by 50 basis points — one-half of a percentage point — according to the CME FedWatch…

For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession

The writing is on the wall that Europe’s monetary party is about to end, and Southern Europe has remarkable parallels to Mexico and Latin America in the 1980s, writes Oliver Hartwich

The indexes continue to deteriorate ahead of this week's Fed decision on interest rates. Energy stocks lead the downside.

Analysis: Fall in GDP in April also increases probability of 0.25-point increase in interest rates this week

THE Bank of England is expected to hike interest rates for the fifth time in a row this week but experts warn that any hesitation could push the…